Lufthansa's cabin crew union has called on its members to strike at Lufthansa and short-haul carrier CityLine on Tuesday and Wednesday to press their demands for higher pay. Lufthansa said about 100,000 passengers would likely be affected. The airline group warned on Thursday its operating losses in the first quarter will widen and gave a subdued outlook for 2024 as it struggles with costly labour disputes, offsetting a travel boom.

Tesla (NASDAQ:TSLA)'s German plant near Berlin will resume operations next week, the head of its works council said on Friday, after a power outage stopped production. The Tesla electric vehicle (EV) factory has been closed since March 5 after a fire at a nearby power pylon, which police are investigating as an arson attack. The attack has left the site's 12,500 employees in limbo and means the U.S. EV maker is unable to produce around 6,000 vehicles a week, resulting in losses that are expected to be at least several hundred million euros. Germany's federal prosecutors office said on Friday it had taken over the investigation into the arson attack, looking into charges of terrorism and "anti-constitutional sabotage".

Mudrex, the Indian subsidiary of venture capital investor Y-Combinator, has announced that it will list spot Bitcoin ETFs from BlackRock, Fidelity, and Franklin Templeton to make them available to institutional and retail investors in India. With this move, these products can reach yet another massive market.

The London Stock Exchange has confirmed that it will accept the applications for the stock market introduction of Bitcoin and Ethereum crypto ETNs in the second quarter of 2024. The exchange-traded funds will require cold storage of Bitcoin or Ethereum, with the custodian regulated by AML regulations in the United Kingdom, the EU, Switzerland, or the USA. The product is said to be available only to professional investors.

NewsQUICK OVERVIEW BlackRock plans to buy spot BTC ETFs in the MALOX global allocation fund SafePal announces a new Visa card Pantera intends to acquire part of the bankrupt FTX Solana inventory Do Kwon to be extradited to South Korea after all New BRICS payment system is ready Wormhole announces its airdrop Deutsche Börse launches its crypto trading platform MicroStrategy aims to issue senior notes Financial Institutions and CryptobrokersCryptocurrency hardware wallet provider SafePal has announced a strategic investment in Swiss Fiat24 bank, aiming to establish a banking gateway for users and issue Visa cards. With this innovation, customers will be able to pay their expenses or conduct transactions with digital assets, or deposit funds into compatible banks. Following KYC and onboarding processes in the SafePal mobile wallet app through Fiat24, users can create individual-owned bank accounts for free and use USDC on the Arbitrum network for payments. According to a filing submitted to the U.S. Securities and Exchange Commission, BlackRock intends to purchase physically-backed Bitcoin exchange-traded products as part of the MALOX global allocation fund. The updated filing states that MALOX can purchase BlackRock's own spot Bitcoin ETF, the iShares Bitcoin Trust, as well as ETFs from other issuers. Crypto asset manager Pantera Capital has initiated a fundraising effort to purchase a portion of the bankrupt FTX crypto brokerage's Solana token inventory. According to marketing materials sent to prospective investors for the dedicated Pantera Solana Fund, they plan to purchase Solana (SOL) tokens worth $250 million. Pantera aims to acquire a portion of FTX's SOL inventory for $59.95 per token, significantly lower than its current value. Figment Europe and Apex Group plan to launch Ethereum and Solana staking ETPs on March 12 to provide institutional access to staking rewards through traditional brokers or banks. The Figment Ethereum Plus...

MakerDAO, the organization responsible for the development of the MKR token, has approved a proposal to introduce temporary fee adjustments to strengthen the protocol due to increased market volatility and bullish sentiment, resulting in a decrease in the reserve backing of the stablecoin Dai. The Dai stability fee has been raised from 5% to 15%, among other changes, to alleviate selling pressure on the dollar-pegged stablecoin.

Russia has announced the completion of a new blockchain-based payment system for BRICS member countries. The blockchain and cryptocurrency-based payment mechanism will serve as an independent system for trade settlements, created as an alternative to the US dollar. The goal of the payment system is to be user-friendly for governments, businesses, and even ordinary citizens.

A vote initiated by the Uniswap DAO regarding changes to the fee mechanism has been rejected, with 59.89% of votes against, resulting in no changes to the protocol and for Uni token holders. Despite extensive analysis by various parties, there was uncertainty about the potential impact of activated protocol fees and this new governance mechanism on the protocol post-implementation, hence the majority opted not to take the risk.

Cryptocurrency hardware wallet provider SafePal has announced a strategic investment in Swiss Fiat24 Bank, aimed at opening a banking gateway for users and issuing Visa cards. With this innovation, customers will be able to pay their expenses or conduct transactions to other compatible banks using digital assets. After completing the KYC and onboarding process in the SafePal mobile wallet app provided by Fiat24, users can create individually owned bank accounts for free and utilize USDC on the Arbitrum network for payments.

The Filecoin blockchain, offering decentralized storage infrastructure, has integrated into the BVMnetwork in collaboration with LighthouseWeb3. This strategic partnership marks a significant advancement in Bitcoin layer 2 solutions, enhancing the security and scalability of transactions processed through BVM and aiding Bitcoin developers through LighthouseWeb3 node aggregators.

The Dark Knight returns to the Ethereum ecosystem in a new NFT collection commemorating the 85th anniversary of Batman's first appearance in "Detective Comics #27." The Legacy Cowls Collection, produced in collaboration with DC Comics and Warner Brothers Discovery Group, encompasses 11,544 digital collectibles, with Palmon debuting on March 29 and accessible through Candy Digital.

The Arbitrum DAO has put to vote the financing of legal defense costs for Tornado Cash developers, Roman Storm and Alexey Pertsev. If the proposal is approved, the community would donate up to 600,000 ARB tokens in the first year, which is worth nearly $1.3 million currently. The funding could also be allocated to PR and advocacy activities that promote awareness around technologies safeguarding privacy and developers' legal burdens. The deadline for voting is March 14.

Engineers at the University of New South Wales are using solar cell technology implanted in the retina in a neuroprosthetic approach to restore vision. The innovation aims to treat visual impairments caused by damaged photoreceptors, such as retinitis pigmentosa and age-related macular degeneration. The plan is still in the experimental phase and, although laboratory tests have shown positive results, there is still a long way to go before it can be used in humans.

Chinese state oil and gas giant CNOOC Ltd has discovered a new reserve in the South China Sea containing more than 100 million tonnes of oil equivalent, the company said in a statement on Friday. The reserve is located in CNOOC's deepwater Kaiping South oil field in the Pearl River Delta near Guangdong province and contains light crude oil, the statement said.

According to a filing with the United States Securities and Exchange Commission, BlackRock intends to purchase physically-backed Bitcoin exchange-traded products as part of the MALOX Global Allocation Fund. The updated filing indicates that MALOX may purchase BlackRock's own spot Bitcoin ETF, the iShares Bitcoin Trust, as well as ETFs from other issuers, provided that they reflect the performance of the Bitcoin price through direct ownership of Bitcoin.

The Optimism Foundation, behind the Ethereum layer 2 blockchain, has announced plans to sell approximately 19.5 million governance tokens to private investors for about $89 million, whose identities they do not wish to disclose. The tokens will be subject to a two-year lock-up period and, according to the announcement, they did not constitute part of the OP token treasury but were allocated as part of the foundation's original operational budget.

On March 5th, the appellate court in Montenegro overturned the February court decision that ruled for the extradition of Do Kwon, the co-founder of the bankrupt Terraform Labs, to the United States. However, today, the Supreme Court announced that Do Kwon will be extradited to South Korea, while the South Korean national police agency has also requested Interpol's assistance in returning Kwon to his homeland.

French crypto startup Zama has raised $73 million in a Series A funding round to advance Fully Homomorphic Encryption (FHE) technology. The company aims to enable computation on encrypted data without decryption. Major industry investors, including Multicoin Capital and Protocol Labs, have backed them.

Crypto asset manager Pantera Capital has begun fundraising to purchase the inventory of Solana tokens from the bankrupt FTX crypto brokerage. According to marketing materials sent to prospective investors of the Pantera Solana Fund, they intend to buy Solana (SOL) tokens worth up to $250 million. The idea is to purchase part of the FTX SOL inventory at $59.95, significantly lower than its current value.

Chinese conglomerate Tencent's cloud service branch, Tencent Cloud, has signed a memorandum of understanding with the free economic zone of the United Arab Emirates to jointly support the growth of crypto startups. As part of the agreement, Tencent Cloud will establish a training center in the Ras Al Khaimah Digital Asset Oasis (RAK DAO) for skills development and education purposes for startups registered there.

International crypto-friendly travel agency Travala.com has launched a Bitcoin cashback program for high-end travelers. The new rewards system, offering a 10% refund in BTC, is available only to users who already hold the Smart Diamond level of the loyalty program operated by the AVA Foundation blockchain platform. According to the travel agency's statement, last year, 9% of vacations, valued at over $5 million, were paid in BTC by their customers.

Injective has announced the launch of the inEVM layer 2 rollup solution on the mainnet following a successful testnet, promising to achieve real interoperability between Cosmos and Solana. The Injective inEVM enables Ethereum developers to deploy their applications, such as decentralized finance platforms, on Injective without any code modifications, laying the foundation for greater collaboration within the blockchain community.

Germany was hit by strikes on three fronts on Thursday, with train drivers, airport security workers and Lufthansa ground staff walking off the job, causing further headaches for millions of travellers in Europe's largest economy. The strikes are the latest in a wave of industrial action hitting Germany , where high inflation and bottlenecks have made wage negotiations difficult in key parts of the transport sector, including national railways, aviation and public transport.

The European Central Bank on Thursday kept borrowing costs at record highs, raising talk of a cut - saying inflation is easing faster than it expected just months ago. Having underestimated the sharp price rise two years ago, the central bank of the 20 countries that use the euro has been reluctant to declare victory over the most brutal inflation binge in decades.

The cross-chain protocol Wormhole has announced that it will airdrop over 617 million tokens to ecosystem application users and community members alike to reward those who have played a significant role in the adoption and development of the Wormhole ecosystem. The airdrop will constitute approximately 6% of the total token supply.

Figment Europe and the Apex Group plan to launch Ethereum and Solana staking ETPs on March 12th to provide institutions with favorable access to staking rewards through traditional brokers or banks. The Figment Ethereum Plus Staking Rewards (ETHF) and Figment Solana Plus Staking Rewards (SOLF) products will be introduced to the market on the SIX Swiss Exchange through Issuance.Swiss AG.

The Greek financial institution, Athens Stock Exchange (ATHEX), plans to utilize the Sui Network, a layer-1 platform by Mysten Labs, to build the next version of its Electronic Book Building (EBB) service. As part of the collaboration, Sui has pledged to assist ATHEX in harnessing the full potential of blockchain technology.

The developers of the Avalanche blockchain have launched Teleporter, built on top of Avalanche Warp Messaging (AWM), providing internal communication for the ecosystem created by subnetworks. Its aim is to streamline the network of Avalanche application-specific chains to improve their functionality, thus addressing the ecosystem's fragmentation issues.

Data analytics software maker Palantir Technologies (PLTR) on Wednesday announced it has won a new, $178 million U.S. Army contract for project TITAN, a battlefield system using artificial intelligence. The TITAN (Tactical Intelligence Targeting Access Node) battlefield system will aggregate data from space and terrestrial sensors for long-range precision targeting and other battlefield planning. The company's shares reacted to the news with a significant price increase before the market opened.

The Spanish data protection regulator, AEPD, has ordered Worldcoin, founded by Sam Altman for virtual identity creation, to immediately cease collecting personal data in the country and refrain from using any data already collected. The regulatory authority has given Worldcoin 72 hours to comply with the order.

Revolut has announced a partnership with MetaMask, the cryptocurrency wallet provider, to make it even easier for users to buy and store cryptocurrencies. With the introduction of the new Revolut Ramp in the United Kingdom and the European Economic Area (EEA), the financial platform enables its customers to directly execute purchases into their MetaMask wallet. Users can utilize their Revolut accounts for this purpose or pay with Visa or Mastercard.

Former US ambassador to the United Nations Nikki Haley will suspend her presidential campaign on Wednesday, according to a source familiar with her plans, ensuring that Donald Trump wins the Republican nomination and faces Democratic President Joe Biden again in the November election.

NewsSince taking power in 2022, Prime Minister Anthony Albanese's government has aggressively promoted the introduction of electric vehicles as part of the country's emission reduction plans - a change that comes after decades of weak climate action by Conservative leaders. This has created a strong tailwind for demand for electric cars. Electric cars will account for 7.2% of new car sales in Australia in 2023, up from 3.1% a year earlier.While Tesla is also making big gains, in the non-premium segment of the market, Chinese manufacturers pose the biggest threat to incumbent car makers like Toyota and Ford, which stand to lose more from their wide range of petrol cars. Last year, sales of EV giant BYD, which will enter the market in 2022, nearly sixfold to more than 12 000 vehicles. The Warren Buffett-backed carmaker now has 14% of the Australian EV market, second only to Tesla, which has 53%, according to data from the Federal Chamber of Automotive Industries. "The opportunity is very clear," said David Smitherman, CEO of EVDirect, BYD's distributor in Australia. Smitherman says BYD is adding two SUVs and a pickup truck to its Australian lineup, bringing the total to six this year. EVDirect will also open a further 30 dealerships over the next 18 months, bringing the total to 55, and has started selling fleet to companies such as Uber.Chinese state-owned SAIC Motor will launch three new models under its MG brand this year, including the MG3 plug-in hybrid and the MG Cyberstar electric roadster, bringing its EV/hybrid range in Australia to five. Traditional car manufacturers are also looking to step up. Ford has two electrically powered vehicles on the Australian market, with three more in the pipeline, according to a company spokesman. Toyota recently launched its first electric car, which joins its nine hybrids in Australia offering lower emissions than comparable petrol-engined vehicles. The company is confident in its strategy to...

President Joe Biden and former President Donald Trump claimed victories in nominating contests across the country on Tuesday, setting up a historic rematch in the November general election despite low support for both candidates. Trump won the Republican vote in a dozen states, including delegate-rich California and Texas, sweeping aside former UN ambassador Nikki Haley, his only remaining rival who no longer has a viable path to the nomination. Her only victory so far was in Vermont, according to Edison Research's projections.

The US PMI index shows a mixed picture, with business activity and new orders showing strong performance, while the employment component is worryingly low, foreshadowing the possibility of job losses. Inflationary pressures are less worrying, but the Fed needs to have a thoughtful plan to keep inflation low further.

The Japanese Astar Network has launched Astar zxEVM, the first layer-2 network integrated with the Polygon AggLayer. The blockchain is designed to facilitate cross-chain transactions between the Astar and Polygon blockchains. According to Sota Watanabe, founder of Astar Network, this move is part of Japan's national technology strategy, positioning Astar at the forefront of Japan's web3 expansion in corporate, retail, and governmental sectors, accelerating the growth of web3.

The decentralized financial platform WOOFi fell victim to an attack resulting in the theft of approximately $8.75 million worth of cryptocurrencies. The exploit targeted the swap service on the Arbitrum network, with the attacker manipulating the platform's synthetic proactive market maker (sPMM) algorithm through a flash loan. By exploiting low liquidity, the attacker drastically influenced the price of the WOO token. The anomaly was immediately detected by WOOFi's transaction monitoring system, prompting operations to be suspended to prevent further losses.

IO Research, developer of the Solana-based decentralized physical infrastructure network (DePIN) and io.net, announced raising $30 million in a Series A financing round led by Hack VC. Other participants included Multicoin Capital, 6th Man Ventures, Solana Ventures, OKX Ventures, Aptos Labs, and others. The fundraising occurred across multiple rounds, with each investor subject to at least a one-year token lock-up period.

The Frankfurt-based Deutsche Börse has launched a cryptocurrency trading platform for institutional clients. The Deutsche Börse Digital Exchange (DBDX) will offer spot trading and custody services, ensuring transparency, security, and regulatory compliance for European institutional clients.

Grayscale, the largest cryptocurrency asset manager, is launching a new fund named the Grayscale Dynamic Income Fund (GDIF). Initially, the fund will include assets from nine blockchains: Aptos (APT), Celestia (TIA), Coinbase Staked Ethereum (CBETH), Cosmos (ATOM), Near (NEAR), Osmosis (OSMO), Polkadot (DOT), SEI Network (SEI), and Solana (SOL). This allows investors to participate in staking multiple assets through the fund, with rewards paid out quarterly in US dollars.

High-end flexible display phones used to cost over half a million forints, but the Nubia and Energizer phones launched at the Mobile World Expo are now priced at around 200,000 forints, bringing this innovative technology to the average user.

12 Mar 2024 - 1:30pm (GMT +1)Previous: 0.3%Becslés: 712K Source: forexfactory.com Previous data Impact on markets A general market effect that is constantly changing depending on the current economic environment. Summary - Analysis Long term trend of data: Unknown Most expected effect: Forex ( DXY ), US stocks, Commodity, Crypto If new data is higher than previous: Positive ( Forex:DXY,), Negative ( US stocks,) If new data is lower than previous: Positive ( In the short term: Forex:DXY ), Negative ( US stocks ) Effect-balancing with other data: Yes More on TOTM PROConclusion Conclusions based on the new data will be included in the TOTM PRO level live stream announcements every Monday and Thursday.

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the application for a spot Ethereum ETH exchange-traded fund (ETF) from BlackRock and Fidelity. This marks the second time the SEC has opted for a delay. The regulatory body has also raised questions for public input regarding the approval of the ETF, specifically inquiring about concerns related to Ethereum's proof-of-stake mechanism and its susceptibility to fraud and manipulation.

In a blog post, the Fantom Foundation announced plans to liquidate the Multichain Foundation to recover assets lost during an exploit in July last year. Approximately one-third of the funds lost by its ecosystem, around $210 million, were stolen from the Multichain bridge cross-chain protocol. A Singaporean court is expected to appoint a liquidator to assess damages and aid in recovering and distributing the missing or frozen assets.

MicroStrategy, best known for its commitment to accumulating Bitcoin, announced immediately after market close that it intends to sell $600 million aggregate principal amount of senior convertible notes due 2030 in a private offering. The company currently holds 193,000 bitcoins, valued today at over $13 billion.

Tesla fell more than 7% on Monday after sales fell in February in China, where it faced increasing competition and a slowdown during the Lunar New Year holiday. The sales data clouded the outlook for Tesla's global deliveries, at a time when the leading EV maker is struggling with falling demand and is also weighed down by a shortage of entry-level vehicles and the age of its product lineup.

Today marked the second-highest CryptoPunk sale to date. The CryptoPunk #3100 NFT, one of the nine so-called "Alien Punks," sold for 4500 ETH, which is currently worth over $16 million. According to the CryptoPunk platform, the sale ranks as the second-highest CryptoPunk transaction in terms of both dollars and ETH.

Ether.Fi, a liquidity staking protocol, has announced a partnership with the Ethereum interoperability protocol, Omni Network. Under a trust agreement, Ether.Fi will stake $600 million worth of Ethereum to secure the Omni Network. In return, Omni will whitelist Ether.Fi's liquidity token, eETH, and select Ether.Fi node operators to operate the Active Validator Service (AVS).

The stablecoin issuer Tether's USDT has surpassed its previous all-time high market capitalization of $100 billion. With this value, it leads its biggest competitor, USDC issued by Circle, by over $71 billion, whose market capitalization has also grown this year. Tether claims to back each USDT token with a 1:1 ratio of independent audited reserves, primarily comprising interest-bearing US treasury bonds, with partial backing from BTC and gold.

The popularity of Bitcoin NFTs continues to soar. Sales in the past week have surpassed those of Ethereum, largely due to the Bitcoin Ordinals-based NodeMonkes NFT collection. Bitcoin NFT sales have surged by 80% to $168.5 million, with three of the top five best-selling NFT collections being Bitcoin Ordinals-based.

A SpaceX rocket lifted off safely Sunday evening from Florida with a crew of three U.S. astronauts and a Russian cosmonaut aboard, bound for the International Space Station (ISS) to begin a six-month science mission in Earth orbit.

NewsQUICK OVERVIEW MicroStrategy's X account hacked by phishing hackers IOTA Foundation partnered with organizations such as the World Economic Forum, the Global Alliance for Trade Facilitation, the Tony Blair Institute, Trademark Africa, and the Institute for Import and International Trade BlackRock iShares Bitcoin Trust ETF expands to Brazil Circle reinforces its expansion in Asia, announcing two partnerships this week Blast mainnet launched VanEck asset manager launches NFT marketplace Marathon Digital incubates a multi-chain layer 2 Bitcoin network, Aduro Telegram launches its new advertising platform BTC ETFOne of the world's largest asset managers, BlackRock, announced that it would expand its iShares Bitcoin Trust ETF to Brazil in collaboration with the Brazilian stock exchange operator, B3. The expansion clearly indicates that BlackRock's foray into the spot Bitcoin ETF market has yielded tangible results, with the IBIT's assets under management (AUM) currently nearing $10 billion. In the United States, the list of financial institutions offering spot Bitcoin ETFs continued to expand. This time, Bank of America Corp.'s Merrill Lynch and Wells Fargo's brokerage firms also offer the funds to their clients. According to the announcement, the banks will initially offer the approved ETF product to wealth management clients with a few brokerage accounts.Financial Institutions and CryptobrokersUS-based forex broker OANDA is launching a crypto trading platform in the United Kingdom, registered by the country's regulatory authority, the Financial Conduct Authority (FCA). OANDA Crypto will trade more than 63 crypto pairs, with plans to expand trading with additional tokens and features throughout the year. VanEck asset management, along with Nueva.Tech, Delegate.xyz, MINTangible.io, Portals.to, and Walletchat.fun companies, has launched the SegMint NFT marketplace and digital asset platform. The SegMint model aims to simplify the deposit of...

An increasing number of pharmaceutical giants are transitioning to blockchain technology as counterfeit drugs pose significant threats to global public health. According to the World Health Organization, up to 10% of drugs available worldwide could be counterfeit. Integrating blockchain into pharmaceutical transactions represents a paradigm shift in the industry, with companies like Pfizer introducing the MediLedger blockchain. Additionally, networks have been developed by Gcoin, Infosys, and IBM for this sector.

At ETHDenver, the leading Ethereum conference in the United States, the Arbitrum layer 2 network announced a partnership with Robinhood, enabling the Robinhood Wallet, created by the brokerage, to natively support the Arbitrum decentralized financial exchange. This allows users to easily access tokens that are not available on traditional Robinhood platforms, all with low fees.

Coinbase is building two new wallet solutions to streamline web3 development, focusing on integrating and transferring balances for Ethereum Virtual Machine (EVM) applications. The embedded and so-called smart wallets will allow the integration of other major wallet applications directly into the applications using MPC technology, thus improving the user experience.

According to a flash estimate by Eurostat, the statistical office of the European Union, annual inflation in the euro area is expected to be 2.6% in February 2024, down slightly from 2.8% in January. Food, alcohol and tobacco are expected to increase at the fastest annual rate in February, while a significant decline is forecast for energy.

Citigroup is laying off 286 employees in New York City, according to a filing with the Department of Labor, as the bank undergoes its largest overhaul in decades. Chief Financial Officer Mark Mason told reporters that the lender plans to reduce its global workforce by roughly 8% by 2026, including layoffs resulting from restructuring.

The list of financial institutions offering spot Bitcoin ETFs in the United States continues to expand. This time, Bank of America Corp.'s Merrill Lynch and Wells Fargo brokerage firms also offer the funds to their clients. According to the announcement, banks are initially offering the approved ETF product to a few wealth management clients with brokerage accounts.

In Hong Kong, by the deadline, 22 crypto companies submitted applications for operating licenses to the authorities, including OKX, Bybit, Bullish, Crypto.com, Huobi HK, Matrixport HK, Gate.HK, and Binance's Hong Kong associate, HKVAEX. The approvals will allow them to operate as retail trading service providers. Platforms that did not submit applications by the deadline will be required to cease operations by the end of the month.

The Blast Ethereum layer 2 network has launched its mainnet, allowing users to withdraw the locked assets they staked in the protocol in hopes of an airdrop. Blast, created by the founder of the Blur NFT marketplace, aims to offer a native yield model for ETH and stablecoins. Currently, over 180,000 users have locked a total of $2.3 billion in value into the protocol.

OP Labs, the main developers behind Optimism, have announced the deployment of the Delta hard fork to various Optimism-based chains, including the OP Mainnet, Base, and Zora, last week. The update aimed to reduce the fixed gas fees on layer 1, which seems to have been successful as Delta helped optimize blockchain operations, reducing costs for blockchain operators, according to OP Labs.

Last week, the number of seasonally adjusted claims for unemployment benefits in the US rose to 215,000, a significant increase. In addition, the number of insured jobless claims was up 45,000 from last week. The rise in unemployment claims in the coming period could signal economic uncertainty and affect adjustment processes in the labour market.

BlackRock, one of the world's largest asset managers, has announced the expansion of its iShares Bitcoin Trust ETF to Brazil, in collaboration with the Brazilian exchange operator, B3. The expansion clearly indicates that BlackRock's foray into the spot Bitcoin ETF market has yielded tangible results, with the assets under management (AUM) of IBIT currently nearing the $10 billion mark.